National Economic performance in October

In October, national economic performance continued to keep favorable development.

Main features of economic performance in October:

1. Industrial production continued to keep the rapid development. In October, total value-added of industry was 209.5 billion yuan, up 11.4% over the month period of last year year, slower 0.6 percentage points than the previous month. From January to October, total value-added of industry was 1915.6 billion yuan, up 11.6% over the same period of last year.

In October, the total value-added of state-owned and state-owned share holding industry was 123.3 billion yuan, up 8.3% over the same month of last year, the growth rate was 2.9 percentage points slower than that in the last year. The total value-added of share holding enterprises reached 44.1 billion yuan, up 13.3%, the growth rate was 2.8 percentage points slower than that in the last year. And that of collective enterprises was 28.7 billion yuan, up 7.4%, Foreign investment and Hong Kong Macao & Taiwan investment enterprises completed 488.8 billion yuan, up 14.4%.

In October,The sales ratio of industrial production was 97.37%, up 0.36 percentage points over the same month of last year. Of which, that of light industry was up 0.45 percentage points, heavy industry was up 0.27 percentage points. II. Investment in fixed assets increased fast. From January to October, the total investment in fixed assets (excluding urban and rural collective units and individual investment) reached 1568.7 billion yuan, up 12.6% over the same period of last year, 0.3 percentage points slower than the first nine months of this year. And investment in fixed assets in this month was 221.7 billion yuan, up 10.8% over the same period of last year, 3 percentage points slower than the previous month.From January to October, the total investment in capital construction was 873.7 billion yuan, up 12.6 % over the same period of last year.

. Market sales were brisk. In October, total retail sales of consumer goods hit 302.9 billion yuan, up 10.4%, 2.2 percentage faster points over the same month of last year. In terms of different sectors, the sales of the wholesale and retail establishments was 202.1 billion yuan, up 13.1%, that of catering industry was 35.3 billion yuan, up 18.6% over the same month of last year.In terms of urban urban and rural areas, the retail sales of consumer goods in city reached 188.2 billion yuan, up 11.9% over the same month of last year, and that in country and below country level reached 114.7 billion yuan, up 8.1% over the same month of last year.. The price index Slowed down slightly. In October, consumer price index was 100%, compared with same month of last year, down 0.1% over the previous month. Retail price of consumer goods was 98.3%, compared with same month of last year, down 0.3% over the previous month. From January to October, consumer price grew by 100.1%, compared with the same period of last year, and retail price of consumer goods was 98.3% over the same period of last year. Exports and imports increased rapidly. From January to October, total value of imports and exports was 387.13 billion US dollars, up 35.1%, compared with the same period of last year, the trade surplus was 23.1 billion US dollars. Of which, the value of exports was 205.11 billion US dollars, up 32.2%, and the value of imports was 182.02 billion US dollars, up 38.6% over the same period of last year.

In October, the value of exports was 22.8 billion US dollars, up 25.1%, value of imports was 18.92 billion US dollars, up 37.2% over the same month of last year.

. Financial performance developed steadily. By the end of October, broad money M2 was 12952.2 billion yuan, up 12.3% over the same period of last year, narrow money M1 was 4995.3 billion yuan, up 18.2% over the same period of last year, cash in circulation M0 was 1359 billion yuan, up 11.8%. By the end of October, total loans balance of all financial institutions was 9671 billion yuan, up 14.5% over the same period of last year, new-loans in this month was 84.1 billion yuan, more than 36.5 billion yuan that in the same month of last year. Total deposits balance of all financial institutions was 11994.7 billion yuan, up 13.3% over the same period of last year. Of which, enterprise deposits balance was 4214.8 billion yuan, up 19.8%, savings deposits balance of urban and rural residents was 6312.2 billion yuan, up 6.5% over the same period of last year.At the end of this month, the Exchange rate stood at 1 US dollar = 8.2775 RMB yuan.